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If you have spent years building a successful business on your website and social media pages, sooner or later you will think about selling it. But selling a web-based business is different -- a lot different -- from selling a brick-and-mortar business.

Here is a checklist of the things you should be doing to get your website ready for sale. ...Read more

If you have spent years building a successful business on your website and social media pages, sooner or later you will think about selling it. But selling a web-based business is different -- a lot different -- from selling a brick-and-mortar business.

To illustrate how the process works, I'm going to bring back a childhood memory. Do you ...Read more

In my 38 years of representing entrepreneurial companies and small businesses, I have learned there are three essential business skills everyone needs to master if they are to grow a business of their own:

--Selling.

--Bookkeeping

--Negotiating.

(OK, if you're a lawyer or some other professional, add client management as a fourth.)

More than 2 million Americans make a full-time or part-time living selling merchandise on eBay, Amazon, Etsy and other online retail platforms.

For many smaller sellers, this activity takes the form of retail arbitrage: buying merchandise at retail from brick-and-mortar stores and then reselling it online for even more money. If you have ever...Read more

The single most significant historical event in my lifetime is not the assassination of President John F. Kennedy, the 1969 moon landing, the social upheavals of the 1960s or the rise and fall of rock 'n' roll. It is the advent of the internet in the early 1990s.

It is difficult for any of us baby-boom geezers to remember what the world was ...Read more

"I tried finding another job, but there was nothing out there for someone older than 50.

"A few months ago, I learned about a local retail business that was for sale. With the help of a business broker, I made an offer, and the seller accepted it. We hired lawyers and prepared ...Read more

"We started a tech company last year and are getting ready to launch our first product. To do so, we will need to borrow $200,000 from friends and family.

We have been told to structure this as a loan, but we want to give our family members a piece of our future growth if the company is successful. What are the various ways to do that? We don...Read more

"I have a successful retail business that I want to take online with a killer website and a social media marketing campaign on Facebook and Twitter.

"The problem, of course, is money. I need to raise $100,000 to build the website and launch the campaign, but am having trouble finding the money. My business has strong cash flows, but has never...Read more